Massachusetts Medical Cannabis Business & Marijuana Legal News

MA marijuana regulators seek to end towns’ excessive demands on MJ firms

The Massachusetts Cannabis Control Commission is asking the state Legislature for more authority to halt excessive financial agreements between marijuana businesses and the municipalities in which they operate. Marijuana firms in the state pay up to 3% of their annual revenue to the cities or towns they call home. Those payments are intended to offset […]

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Massachusetts medical marijuana provider raises $12.5 million to boost growth

Middlesex Integrative Medicine is joining forces with Full Moon Investments in a $12.5 million deal through which the private fund will take an equity stake in the Boston-based provider of medical cannabis. The transaction provides Middlesex access to more capital to build out its cultivation and laboratory facilities as well as three planned dispensaries. It […]

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MA marijuana firm TILT Holdings launches ‘inclusion program’ for drug war victims

A Massachusetts company specializing in cannabis technology, cultivation and support solutions unveiled a program aimed at bolstering entrepreneurs who were previously impacted by marijuana prohibition but now want to get into the plant-touching side of the MJ industry. TILT Holdings, based in Cambridge, Massachusetts, said in a news release that its Cannabis Inclusion Program is “designed […]

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Marijuana company TILT Holdings inks $210 million deal to buy vape tech firm

TILT Holdings, a Massachusetts company specializing in cannabis technology, cultivation and support solutions, agreed to acquire Jupiter Research, a Phoenix-based vaporization technology business, for $210 million. TILT CEO Alex Coleman said in a news release the acquisition “is paramount to our goal of consolidating and centralizing services for all industry verticals: cultivation, production and retail.” Founded […]

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MA planning board says no to million-square-foot marijuana grow facility

The Charlton, Massachusetts, planning board unanimously rejected a cannabis company’s site plan to build a $100 million, 1 million-square-foot marijuana processing and cultivation facility in the town, The Boston Globe reported. It would have been one of the largest marijuana processing/cultivation facilities in the United States. To read more about the board’s decision, click here.

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Chart: Massachusetts recreational marijuana sales soar in first month despite obstacles

Massachusetts dispensaries rang up $9.3 million in recreational marijuana sales during the first four weeks of operation, an impressive feat considering only two stores were selling adult-use cannabis during the bulk of this period. Compared with the first month of rec sales in other states, Massachusetts had lower gross sales but far fewer operating dispensaries […]

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Massachusetts’ medical cannabis program has new overseer

Massachusetts’ medical marijuana program is now being governed by the state’s Cannabis Control Commission, but MMJ businesses in the state shouldn’t expect much change. The move brings both the recreational and medical cannabis programs under the control of the same agency. The health department had been regulating the state’s medical cannabis market since sales began […]

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Pesticides spur MA medical marijuana retail closures; 700 batches failed CA testing

Cannabis cultivators, product manufacturers, retailers and laboratories coast-to-coast are facing closure, failed mandatory tests and increased scrutiny from regulators over pesticide concerns. In Massachusetts, the state’s health department ordered medical marijuana dispensaries in Mashpee and Plymouth to shut because of concerns a cultivation facility used pesticides, which is prohibited for MMJ cultivation under state regulations. According […]

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Massachusetts bank willing to accept deposits from some cannabis businesses

At least one bank in Massachusetts is willing to do business with medical marijuana companies. Swansea-based BayCoast Bank said it will take deposits from MMJ businesses, according to the Boston Business Journal. BayCoast Bank is offering to work with medical marijuana companies – as well as MMJ businesses that have entered the state’s new adult-use […]

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Massachusetts cannabis shops cap customer purchases amid limited supply

Massachusetts’ two recreational marijuana retailers are putting a cap on the amount of marijuana customers can buy. Cultivate in Leicester joins New England Treatment Access (NETA) in Northampton in limiting purchases because of supply concerns. Cultivate’s customers are permitted to purchase only half an ounce of flower per person. More details about Massachusetts stores limiting purchase […]

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